Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[vapourminer]

Broke Oligarch
https://www.bloomberg.com/news/features/2022-03-17/broke-russian-oligarch-fridman-says-sanctioned-billionaires-can-t-sway-putin

To be a billionaire and not own Bitcoin is pure stupidity. Firstly, so what if it's risky, you're a billionaire you can afford large drawdowns. Secondly, you're a Russian billionaire, Russia has been targeted with sanctions for years now (including individuals), you really should of been prepared for this. Surely, he would at least have some gold jewellery floating about that he can off load.

Story sounds like bullshit to me.

yup. sounds like he is claiming the equivalent of a boating accident.

[AlcoHoDL]

Broke Oligarch
https://www.bloomberg.com/news/features/2022-03-17/broke-russian-oligarch-fridman-says-sanctioned-billionaires-can-t-sway-putin

[...]

To be a billionaire and not own Bitcoin is pure stupidity.

[...]

My thoughts exactly. I'd even say, not only for rich people, but for anyone with a brain.

Bitcoin is a strange beast. I have friends and colleagues who are university-educated, some with Masters and Doctorates, and yet they still dismiss Bitcoin, calling it a fraud and a Ponzi. I guess the fiat standard has been so deeply embedded in people's brains, that, combined with the inherent difficulty in understanding PoW and how Bitcoin works, makes them incapable of recognizing its value.

Sometimes I wonder if Bitcoin adoption by the masses is actually increasing... Still no people (in my social circle) know enough to be able to "do it themselves". They always need me to spoon-feed them everything, and even when they buy some tiny amount of corn, they don't really understand what they've done. There's no spark in their eyes. They're just not ready for it yet. Still a long way to go...

[ChartBuddy]

Explanation

[xhomerx10]

Broke Oligarch
https://www.bloomberg.com/news/features/2022-03-17/broke-russian-oligarch-fridman-says-sanctioned-billionaires-can-t-sway-putin

Fridman, 57, was born and raised in the Soviet Union in the western Ukrainian city of Lviv. He was a first-wave oligarch, making a fortune in banking and energy before Putin’s rise to power. His parents are Ukrainian citizens who until recently lived part of the year in an apartment in Lviv.

Fridman was worth about $14 billion before the war, according to Bloomberg. He’s now worth about $10 billion on paper and is in the strange position of being an oligarch with essentially no cash. When the U.K. followed the EU and sanctioned Fridman on March 15, his last working bank card in the U.K. was frozen. He tells me he now must apply for a license to spend money, and the British government will determine if any request is “reasonable.” It appears that this will mean an allowance of roughly £2,500 a month. He’s exasperated, but careful not to compare his woes with those of Ukrainians suffering from the war. “My problems are really nothing compared with their problems,” he says.

Even though the U.S. has not sanctioned Fridman, the EU and U.K. measures led his accounts to be frozen; the day after Brussels announced sanctions, he found his bank card didn’t work. Now he’s trying to figure out how to pay for small things such as a house cleaner. “Maybe I should clean the house myself,” he says with a nervous chuckle. “That’s fine. I used to live in a small dormitory room with four men when I was a student, but after 35 years it’s unexpected.”

Fridman says he has two months to challenge the EU’s sanctions. Fridman holds an Israeli passport, but when I ask whether he might move to Israel, he waves off the idea. He doesn’t own a home there and doesn’t have access to money to buy one. “I’m a prisoner here,” he says.

Just before we met, he says, he got a call from a Ukrainian friend who was helping relatives flee Kharkiv. Fridman says he offered his parents’ two-bedroom apartment in Lviv, which has so far avoided direct Russian hits. He says the flat is now a temporary home for 15 refugees.

A few days after our meeting, the U.K. sanctioned Fridman, and this time he calls me, with no obvious reason except to say that things are getting worse. He sounds at a loss. “I don’t know how to live,” he tells me. “I don’t know. I really don’t know.”

To be a billionaire and not own Bitcoin is pure stupidity. Firstly, so what if it's risky, you're a billionaire you can afford large drawdowns. Secondly, you're a Russian billionaire, Russia has been targeted with sanctions for years now (including individuals), you really should of been prepared for this. Surely, he would at least have some gold jewellery floating about that he can off load.

Story sounds like bullshit to me.

He should have bought some bitcoin and gotten himself a Binance card.

  Having survived numerous lockdowns and self-isolations over the last couple of years and now not being able to travel or work anymore having shunned the vaccine, I can sympathize with him.  If not vaccinated against covid, I would be unable to board my private jet, train or yacht.  As much of the "free" world has discovered recently, freedom has a way of routing one out and embracing them wherever they may reside. So glad I live in the free world.
Unfortunately, Bitcoin and a Binance card doesn't fix this.  I guess I should be thankful that I can still travel to those parts of my country which are accessible by car.

[Poker Player]

  Having survived numerous lockdowns and self-isolations over the last couple of years and now not being able to travel or work anymore having shunned the vaccine, I can sympathize with him.  If not vaccinated against covid, I would be unable to board my private jet, train or yacht.  As much of the "free" world has discovered recently, freedom has a way of routing one out and embracing them wherever they may reside. So glad I live in the free world.
Unfortunately, Bitcoin and a Binance card doesn't fix this.  I guess I should be thankful that I can still travel to those parts of my country which are accessible by car.

Hey man, you can travel to many countries, especially in Europe, without having been vaccinated. The only thing you will have to present is either a negative PCR or an antigen test, also negative, but you can travel without vaccination.

But I get the idea, in many countries vaccination was not obligatory but so many restrictions were placed on the unvaccinated that it was almost like an obligation.

La revedere, prietene.

[aysg76]

This can't hold long and this inflation rock is such hard hitting that the fiat doors are going to burst soon so better have bitcoin as strong bazukas with you to counter attack hyper inflation

[Dabs]

Hi guys ... had been absent for awhile. My father passed away and I have to go visit the country. The little coin I have left has been spent. If anyone wants to help, you can always send me a message. The war is just bad. I have everyone vax'd but still need a bunch of paperwork just in case.

[eXPHorizon]

What a Clown Peter Schiff is... Whoever looked up to this boy needs a Therapy

[ChartBuddy]

Explanation

[Paashaas]

Hi guys ... had been absent for awhile. My father passed away and I have to go visit the country. The little coin I have left has been spent. If anyone wants to help, you can always send me a message. The war is just bad. I have everyone vax'd but still need a bunch of paperwork just in case.

I am saddened to hear about the loss of your father. My thoughts and prayers are with you, and i want to offer my sincere condolences.

You have a lot of great memories of him, i hope you’re able to find peace and comfort during this difficult time.

Take care, Dabs.

[Richy_T]

  Having survived numerous lockdowns and self-isolations over the last couple of years and now not being able to travel or work anymore having shunned the vaccine, I can sympathize with him.  If not vaccinated against covid, I would be unable to board my private jet, train or yacht.  As much of the "free" world has discovered recently, freedom has a way of routing one out and embracing them wherever they may reside. So glad I live in the free world.
Unfortunately, Bitcoin and a Binance card doesn't fix this.  I guess I should be thankful that I can still travel to those parts of my country which are accessible by car.

I guess it depends how the lockdowns are worded but typically they apply to commercial/public transportation. If I had a plane at the local airport, there would be nothing preventing me from flying any time. I'd imagine yachts would be similar. International travel would be different but the rich also get special consideration there from what I have heard.

[ChartBuddy]

Explanation

[Arriemoller]

Hi guys ... had been absent for awhile. My father passed away and I have to go visit the country. The little coin I have left has been spent. If anyone wants to help, you can always send me a message. The war is just bad. I have everyone vax'd but still need a bunch of paperwork just in case.

So sorry for your loss, my sincere condolences.

[ChartBuddy]

Explanation

[AlcoHoDL]

Hi guys ... had been absent for awhile. My father passed away and I have to go visit the country. The little coin I have left has been spent. If anyone wants to help, you can always send me a message. The war is just bad. I have everyone vax'd but still need a bunch of paperwork just in case.

Sorry for your loss, Dabs. I've lost both my parents, so I know how it feels.

My sincere condolences.

[Toxic2040]

Sorry for your loss Dabs. There are no words that can fill that void. My thoughts and prayers are with you.

[strawbs]

Very sorry to hear this Dabs. Comments and condolences always seem so insufficient at these times, but sending them nevertheless, in the hope they bring some sense of sharing your grief. I attended a funeral yesterday and found these words comforting, hope you do too:

"You can shed tears that he is gone,
Or you can smile because he has lived.

You can close your eyes and pray that he will come back,
Or you can open your eyes and see all that he has left.

Your heart can be empty because you can’t see him,
Or you can be full of the love that you shared.

You can turn your back on tomorrow and live yesterday,
Or you can be happy for tomorrow because of yesterday.

You can remember him and only that he is gone,
Or you can cherish his memory and let it live on.

You can cry and close your mind, be empty and turn your back,
Or you can do what he would want: smile, open your eyes, love and go on."

[JayJuanGee]

Is see many tweets etc
People trying to smuggle fiat, gold etc getting arrested….
BTC would be such a handy tool for many people this moment….

Link to the "many tweets, etc" or it didn't happen...



 

[vapourminer]

Hi guys ... had been absent for awhile. My father passed away and I have to go visit the country. The little coin I have left has been spent. If anyone wants to help, you can always send me a message. The war is just bad. I have everyone vax'd but still need a bunch of paperwork just in case.

very sorry to hear that. my condolences.

[ChartBuddy]

Explanation